Courtesy of: Ahmad Azzarkani, Samson Properties, ahmad@srg-commercial.com
Courtesy of: Ahmad Azzarkani, Samson Properties, ahmad@srg-commercial.com
$2,150,000
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Lot: 0.09 Acres
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Other
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$2,150,000
5216 WILSON BOULEVARD N NNN INVESTMENT OPPORTUNITY, SALE LEASE-BACK. Minutes from Ballston! Restaurant and Hookah Lounge with late night hours. Owner spent over $120k to renovate the property, including a brand new 15-year warranty roof. Lebanese concept and hookah lounge on "Restaurant" Blvd. Basement lounge featuring a second kitchenette and 18-20 tables, as well as 50-60 seats outdoor on a two tiered 1100 sq ft patio and deck. Sale Lease-back terms offered at 10 years base rent with 2 (5) year options. Absolute NNN 7.53% cap rate; 162k NOI. Great 1031 option!
Courtesy of: Ahmad Azzarkani, Samson Properties, ahmad@srg-commercial.com
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